Question: 2. Label the situations below by adding the risk management method that is most appropriate. These methods are: risk avoidance, risk reduction, risk assumption, and

2. Label the situations below by adding the risk management method that is most appropriate. These methods are: risk avoidance, risk reduction, risk assumption, and risk shifting. Be sure to defend your choice.

a. Going kayaking at night in a thunderstorm

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b. Used car lot/repo business

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c. Riding a bike

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d. Driving a $500 car

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e. Driving a $12,000 SUV

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